Legal Office Part-Time Staff

Bank of China Limited, New York Branch; New York (NY); On-site; USD 83,000 - 110,000; Full time

Job summary

Bank of China Limited, New York Branch seeks a qualified professional to assist in ABAC risk assessment, testing, and audit projects across entertainment, vendor contracts, and regulatory compliance. The role includes preparing documentation, supporting legal reviews, and communicating with various departments.

The candidate should have a law-related degree, strong drafting skills, and bilingual English/Chinese abilities.

Qualifications

• Bachelor’s degree is required, preferably in Law or other related disciplines. Master’s degree or above is highly preferred.
• Excellent analytical, interpersonal, verbal and written communications skills are required.
• Solid experience in legal drafting, researching and writing are required.
• Bilingual abilities in English and Chinese are highly preferred

Responsibilities

• Assist in ABAC risk assessment and testing across areas including Entertainment & Hospitality, QA by Owner Departments, customers and transactions monitoring.
• Assist in ABAC audit projects and remediation, serving as primary documentation contact.
• Participate in development, reviewing and initial editing of contracts and other legal documents to ensure key risk parameters are met.
• Support with regulatory interpretation, issue resolution, and communication with Head Office regarding legal matters.

Skills

Analytical skills

Interpersonal skills

Verbal communication

Written communication

Education

Bachelor's degree in Law or related

Job description

Introduction

Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

Overview

This position is responsible for assisting in performing independent quality control and risk assessment of daily operations and business transactions of the Branch including performing QA on periodic customer KYC Refresh, new customer on-boarding activities, trigger event reviews, and maintaining appropriate documentation in line with the Bank’s policies and procedures; delivering a range of support in the areas of fraud prevention, risk mitigation and quality control; assist in preparing relevant risk management and quality control reports and/or quality assurance reports as required, and performing any other duties as assigned by supervisor and/or Branch Management.

Responsibilities

ABAC Compliance Program

• Assist in conducting ABAC risk assessment and ABAC testing across various areas, including Entertainment & Hospitality (E&H), QA by Owner Departments, customers and transactions monitoring, and deliver support in analyses and summaries and recordkeeping of information/documentation provided by Owner Departments, along with effective communication with respective departments;
• Assist in the ABAC audit projects and subsequent remediation, serving as the primary documentation contact for such purposes;
• Contribute to other implementation projects as requested by the VP/SVP, such as collecting and analyzing centralized E&H records periodically to enhance process efficiency.

Legal Document Drafting, Review, & Negotiation

• Assist in developing, reviewing, initial editing and assessment of contracts and other legal documents (mainly vendor contracts) to ensure implementation of key legal risk parameters across all contracts executed by the Bank.
• Participating in the bank-wide special projects as assigned by General Counsel, and assisting the project team from legal aspect, including, but not limited to, providing legal advisory, developing bank-wide policies and procedures, consulting and communicating with outside counsel; and
• Assisting with other matters assigned by General Counsel, including regulatory interpretation, issue resolution, communication with Head Office regarding legal matters.

Qualifications

• Bachelor’s degree is required, preferably in Law or other related disciplines. Master’s degree or above is highly preferred.
• Excellent analytical, interpersonal, verbal and written communications skills are required
• Solid experience in legal drafting, researching and writing are required.
• Bilingual abilities in English and Chinese are highly preferred

Pay Range Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.

USD $60.00 – USD $80.00 /Hr.